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Parc Esta: A Sophisticated Modern Sanctuary of Urban Living in the East
Published 27 August 2024
Parc Esta is a 99-year leasehold condominium located a stone’s throw away from Eunos MRT, in one of Singapore’s most mature eastern estate. Not only will you be dazzled by its architecture that speaks elegance and grandeur, but you will also be impressed with the fact that you can reach a myriad of amenities and eateries easily by foot!
Developed by MCL Land Limited, this development comprises a total of 1,399 units spread across nine 18-storey blocks of one to five-bedroom apartments. You will be fascinated with flawless full-height glass façades which gives a sense of privacy at the same time.
5 Reasons to Buy Parc Esta:
- 1. Amenities
- 2. Proximity and Transportation
- 3. Leisure and Recreation
- 4. Education
- 5. Healthcare
- Best Mortgage Rate Across All Banks for Parc Esta
- Buyer's Stamp Duty for Parc Esta
- Additional Buyer's Stamp Duty for Parc Esta
1. Amenities
You can look forward to special features found in the condominium such as the Sunken Party Lounge where you can tan while in the pool, Yoga Pavilion for you meditation and stretching sessions, Paws Playground for your furry friends to run wild, Koi Pond Lounge where you can appreciate beauty underwater and Hammock Park for your back-to-nature lazy days.
This brand new Eunos condo will also be equipped with a gym, 50m lap pool, a wading pool, jacuzzi, tennis court, barbeque pits and a clubhouse to hold your indoor celebrations such as birthdays and many more.
2. Proximity and Transportation
Parc Esta is located near many places of interest in Singapore. It is easy to commute to and fro via personal or public transport. Eunos MRT station (less than 200m away) and Eunos Bus Interchange is right opposite the property. Alternatively, if you prefer to travel by bus, there are more than 10 bus services at your disposal in Eunos Bus Interchange and along Sims Avenue.
Accessibility via personal transport is easy too. Major expressways such the Pan Island Expressway (PIE) where you can access via the Jalan Eunos Exit linking the Central Expressway (CTE) and Tampines Expressway (TPE) too. Cruising down Still Road, you can access the East Coast Parkway (ECP) that also links to the Marina Coastal Expressway (MCE) and Ayer Rajah Expressway(AYE).
3. Leisure and Recreation
Forgot the eggs or that packet of sugar? You won’t find yourself fussing over it as daily necessities found at nearby shophouses are within reach in mere minutes. Shopping malls such as Paya Lebar Quarter Mall, Kinex, Parkway Parade and I12 Katong Mall are less than a 10-minute drive away. Famous food places to satisfy your local cuisine cravings are nearby too, like Eunos Crescent Market and Food Centre and Old Airport Road Food Centre.
Embrace the outdoors at the Eastern Coastal Loop where you can cycle to Gardens by the Bay via Sims Avenue Park Connector located just steps from Kembangan MRT Station.
4. Education
Parc Esta is home to many good schools in the East. Parents will be spoilt for choice with schools within 1 to 2km proximity like Haig Girls’ School, Eunos Primary School, Tanjong Katong Primary School, CHIJ (Katong) Primary, Tao Nan School, St. Stephen’s School, Kong Hwa School, Maha Bodhi School and Telok Kurau Primary School. International schools nearby include Chatsworth International School (East Campus), Canadian International School (Tanjong Katong Campus) and the Global Indian International School (East Coast Campus).
5. Healthcare
The nearest hospital is Parkway East Hospital which is just a 4-minute drive away from the condominium.
Offering 1 to 5 bedroom types, there’s surely a unit to suit your needs. Prices start at an average of $1,685 psf. All units will come with exquisite fixtures and fittings, and the latest technology to create the perfect smart home. It’s also equipped with a fully functional kitchen that fulfils the demands of modern connoisseurs – designer fittings and the finest appliances including a SMEG hob, hood, oven, refrigerator and washer-cum-dryer. This project is suitable for bachelors, young couples and local and foreign families with children in the primary and secondary level.
Has Parc Esta piqued your interest?
Best Mortgage Rate Across All Banks for Parc Esta
Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.95%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.
Buyer’s Stamp Duty for Parc Esta
Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.
If you opt to buy a three-bedroom unit at Parc Esta to comfortably fit your growing family or planning to rent it out to families in the future and the price is at $1,378,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $39,720.
Market Value of the Property
BSD Rate
Calculation
On the first $180k
1%
$1,800
On the second $180k
2%
$3,600
Next $640,000
3%
$19,200
Remaining $378,000
4%
$15,120
BSD Payable
$39,720
Source: IRAS
Looking at another unit size? Use Ohmyhome’s In-app BSD calculator for faster calculation! Download Ohmyhome from the Play Store or App Store now!
Additional Buyer’s Stamp Duty for Parc Esta
Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).
Who is liable to pay ABSD:
- Singapore Citizen (SC) buying second, third and subsequent residential property
- Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
- Foreigners or entities buying any residential property
ABSD for Singapore Citizens when Buying Parc Esta
Here’s the ABSD amount you are required to pay if you are an SC:
Property Ownership
ABSD Rate
ABSD Amount from Price $1,378,000
If Parc Esta is your second residential property
12%
$165,360
If Parc Esta is your third or subsequent residential property
15%
$206,700
ABSD for Singapore Permanent Resident when Buying Parc Esta
Here’s the ABSD amount you are required to pay if you are an SPR:
Property Ownership
ABSD Rate
ABSD Amount from Price $1,378,000
If Parc Esta is your first property
5%
$68,900
If Parc Esta is your second or subsequent residential property
15%
$206,700
ABSD for Foreigners when Buying Parc Esta
Here’s the ABSD amount you are required to pay if you are a foreigner:
Property Ownership
ABSD Rate
ABSD Amount from Price $1,378,000
Foreigners buying any property
20%
$275,600
Agent Service for Home Buyers at $0 Agent Fee
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